Boxton Cares Inc

Analysis

Boxton Cares Inc is a registered charity in United States, based in Crawfordville, FL. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boxton Cares Inc reported income of $760k and spending of $712k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.6m to $760k (-53%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Boxton Cares Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Friends of Springfield Preparatory Charter School Inc ($758k), Abraham Foundation ($760k) and Teton Valley Foundation Inc ($758k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $215k (30% of expenses). Other salaries and wages came to $196k. At year end it held assets of $363k against liabilities of $687, net assets of $363k. It reported 8 employees.